Corporate Universe Inc. (Pink Sheets:COUV) is pleased to report the following corporate and operational matters to its shareholders and followers. Corporate Universe is opening its new corporate office at 3771 Nesconset Highway, South Setauket, NY, effective October 4, 2010. The new office will allow Corporate Universe to operate all of its divisions and subsidiaries in a centrally located place. Manhattan Transfer Registrar Company will continue to be located in Miller Place.
John Ahearn, President of Corporate Universe, stated, "In a few short weeks we have made great strides in getting our company reorganized and moving forward. I believe that many great things are in store for Corporate Universe Inc. in the future and all of us are working very hard and diligently to make it happen. As part of our growth strategy COUV intends to grow the company both organically and through mergers of successful companies in our business industry or business space. COUV management and the Mina Mar Group Mergers and Acquisition Division will be meeting to discuss potential business opportunities and candidates in the near future."
Now that the corporate changes are fully implemented, including the name change to Corporate Universe Inc., trading under the symbol (Pink Sheets:COUV), and the forward split of 10 new shares for each old share of common stock, the company is ready for business and intends to keep its followers advised on a timely basis. Corporate Universe corporate website, corp-universe.com, went live and has officially been launched. The management will continue to update and improve it over the coming weeks.
Corporate Universe operates as a multi-media and software development, production, and distribution company. Corporate Universe designs and develops database driven Web sites for its clients on a contract basis under the name i2 Media Lab. Corporate Universe offers brand logos for stationary, cards, and Web sites; brochures and promotional literature; Web site design; database design and programming; Web site programming; software applications for Intranet, Internet, WAN, and LAN; and desktop applications. Corporate Universe also publishes online lifestyle communities and publications under the brand i2 Interactive Media; and produces video broadcast feature films and documentaries. In addition, Corporate Universe provides domain registration, Web site development, Web site management, 3-D animation, and graphic design services. Corporate Universe, Inc. was formerly known as Inicia, Inc. and changed its name in September 2010. Corporate Universe was founded in 2005 is based in New York, New York.
Aruba Networks, Inc. (NASDAQ:ARUN), released financial results for its fiscal 2011 first quarter ended October 31, 2010. Revenues for Q1’11 were $83.1 million, an increase of 44% from the $57.6 million reported in Q1’10. GAAP net income for Q1’11 was $2.1 million, or $0.02 per share, compared to a net loss of $24.7 million, or $0.28 per share, in Q1’10.
Aruba Networks, Inc. provides an enterprise mobility solution that enables secure access to data, voice, and video applications across wireless and wireline enterprise networks in the United States and internationally.
Furniture Brands International (NYSE:FBN) announced recently its financial results for the third quarter and nine months ended September 30, 2010.
Net sales for the 2010 third quarter were $272.0 million compared to net sales of $293.7 million in the third quarter of 2009. Net sales for the third quarter of 2010 reflect the timing of the company's annual mid-year manufacturing shutdown, which occurred in the third quarter of 2010 versus the second quarter of 2009.
Furniture Brands International, Inc. designs, manufactures, sources, and retails home furnishings. It offers case goods, including bedroom, dining room, and living room furniture products; stationary upholstery products comprising sofas, loveseats.
Steel Dynamics, Inc. (Nasdaq:STLD) announced that its wholly-owned subsidiary, OmniSource Corporation, was indicted today on multiple criminal charges involving the alleged receipt or attempted receipt of stolen property.
Mark Millett, President of OmniSource Corporation, stated that these criminal charges against the Company, brought by Marion County, Indiana Prosecutor Carl Brizzi, stem from a February 2009 police raid and allegations that a subsidiary was systematically purchasing stolen scrap metal. Brizzi's unfounded allegations come on the heels of a lawsuit filed on October 15 against the Prosecutor seeking the return of some $277,000 in cash unlawfully retained after the February 23, 2009 raid.
Steel Dynamics, Inc., together with its subsidiaries, manufactures and sells steel products in the United States. It operates in three segments: Steel Operations, Metals Recycling and Ferrous Resources Operations, and Steel Fabrication Operations.
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